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Mangal Electrical Industries Limited

Mangal Electrical Industries Limited, incorporated in 2008, is engaged in manufacturing transformers used for the distribution and transmission of electricity in the power sector. The company processes various transformer components such as lamination, CRGO slit coils, amorphous cores, coil and core assemblies, wound cores, toroidal cores, and oil-immersed circuit breakers. Its products are marketed under the brand name “Mangal Electrical,” which enjoys a strong reputation and high brand recall value. In addition to manufacturing transformers ranging from 5 KVA to 10 MVA, the company trades in CRGO and CRNO coils as well as amorphous ribbons, and also provides EPC services for setting up electrical substations in the power infrastructure sector. With five production facilities in Rajasthan, it has an annual capacity of 16,200 MT for CRGO, 750,000 KVA for transformers, 75,000 units for ICB, and 2,400 MT for amorphous units. The company’s product portfolio includes critical components for transformers used in electricity distribution and transmission, covering small, distribution, and large transformers, all designed to contribute to energy-efficient electrical equipment. Its CRGO wide coils are known for high magnetic permeability and low core loss, making them ideal for large, high-efficiency transformers. The CRGO slit coils are precisely cut to ensure exact dimensions for transformer core construction, enhancing efficiency by reducing energy loss. The CRGO core assemblies are designed to ensure low core loss and high operational performance. As of June 30, 2025, the company employed 761 permanent staff across its registered office, corporate office, and all operational units

₹533 - ₹5619.95x sub
Listed Price556.00
Listing Gain-0.89%
TimelineBookbuilding IPO
Open20 Aug 2025
Close22 Aug 2025
Allotment25 Aug 2025
Listing28 Aug 2025

Quota Reservation Portions

RetailPortion: 24,95,544 shares
35%
Nii(hni)Portion: 10,69,519 shares
15%
QIBPortion: 14,26,042 shares
20%

Minimum Application Bracket Matrix

Retail1 lots / 26 shares
₹14,586
sHNI14 lots / 364 shares
₹2,04,204
bHNI69 lots / 1,794 shares
₹10,06,434

About the Company

Mangal Electrical Industries Limited, incorporated in 2008, is engaged in manufacturing transformers used for the distribution and transmission of electricity in the power sector. The company processes various transformer components such as lamination, CRGO slit coils, amorphous cores, coil and core assemblies, wound cores, toroidal cores, and oil-immersed circuit breakers. Its products are marketed under the brand name “Mangal Electrical,” which enjoys a strong reputation and high brand recall value. In addition to manufacturing transformers ranging from 5 KVA to 10 MVA, the company trades in CRGO and CRNO coils as well as amorphous ribbons, and also provides EPC services for setting up electrical substations in the power infrastructure sector. With five production facilities in Rajasthan, it has an annual capacity of 16,200 MT for CRGO, 750,000 KVA for transformers, 75,000 units for ICB, and 2,400 MT for amorphous units. The company’s product portfolio includes critical components for transformers used in electricity distribution and transmission, covering small, distribution, and large transformers, all designed to contribute to energy-efficient electrical equipment. Its CRGO wide coils are known for high magnetic permeability and low core loss, making them ideal for large, high-efficiency transformers. The CRGO slit coils are precisely cut to ensure exact dimensions for transformer core construction, enhancing efficiency by reducing energy loss. The CRGO core assemblies are designed to ensure low core loss and high operational performance. As of June 30, 2025, the company employed 761 permanent staff across its registered office, corporate office, and all operational units

Company Promoters

Rahul MangalAshish MangalSaroj MangalAniketa Mangal